Application for the Allotment of Shops / Offices in Tower ...

NAYA RAIPUR DEVELOPMENT AUTHORITY

INVITES APPLICATION FOR

ALLOTMENT OF BUILT UP SHOPS / OFFICES IN

TOWER – C, COMMERCIAL COMPLEX, PLOT NO: C-03,

CENTRAL BUSINESS DISTRICT (CBD), SECTOR 21,

NAYA RAIPUR, (C.G.)

FOR MORE INFORMATION PLEASE CONTACT:

Naya Raipur Development Authority Paryavas Bhawan, North Block, Sector 19, Naya Raipur - 492002, (C.G.)

Phone No : 91 - 7879621621, 91 - 9098888920

Email: [email protected], www.nayaraipur.gov.in

Application for the Allotment of Shops / Offices in Tower- C,

Commercial Complex, CBD, Sector-21, Naya Raipur, Chhattisgarh, India

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Press Note

Important Dates

Issue of Application Form 02/09/2017

Last Date for Submission of Application Form - Application

Due Date (ADD) - offline payment through Demand Draft 12/09/2017 (05:00 P.M.)


Due Date (ADD) - Online Payment 12/09/2017 (05:00 P.M.)

Date of Opening of Application and Financial Bid To be informed later



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DISCLAIMER The information contained in this form (the “Application Form”) or subsequently provided to Applicant(s),

whether verbally or in documentary or any other form by or on behalf of the Authority or any of their

employees of advisors, is provided to Applicant(s) on the terms and conditions set out in this Application

Form and such other terms and conditions subject to which such information is provided.

This Application Form is not an agreement and is neither an offer nor invitation by Naya Raipur

Development Authority (the “Authority”) to the prospective Applicant(s) or any other person. The purpose

of this Application Form is to provide interested parties with information that may be useful to them in

submitting their Applications pursuant to this Application Form (the "Application"). This Application Form

may not be appropriate for all persons, and it is not possible for the Authority, its employees or advisors to

consider the investment objectives, financial situation and particular needs of each party who reads or uses

this Application Form. Each Applicant should conduct its own investigations and analysis and should check

the accuracy, adequacy, correctness; reliability and completeness of information contained in this

Application Form and obtain independent advice from appropriate sources.

Information provided in this Application Form to the Applicant(s) is on a wide range of matters, some of

which depends upon interpretation of law. The information given is not an exhaustive account of statutory

requirements and should not be regarded as a complete or authoritative statement of law. The Authority

accepts no responsibility for the accuracy or otherwise for any interpretation or opinion on law expressed

herein.

The Authority and its employees and advisors make no representation or warranty and shall have no liability

to any person, including any Applicant under any law, statute, rules or regulations or tort, principles of

restitution or unjust enrichment or otherwise for any loss, damages, cost or expense which may arise from

or be incurred or suffered on account of anything contained in this Application Form or otherwise, including

the accuracy, adequacy, correctness, completeness or reliability of the Application Form and any

information contained therein or deemed to form part of this Application Form.

The Authority also accepts no liability of any nature whether resulting from negligence or otherwise

howsoever caused arising from reliance of any Applicant upon the statements contained in this

Application Form.

The Authority may in its absolute discretion, but without being under any obligation to do so, update, amend

or supplement the information, assessment or assumptions contained in this Application Form.

The issue of this Application Form does not imply that the Authority is bound to allot Shops/ Offices to the

Applicant(s) and the Authority reserves the right to reject all or any of the Applications without

assigning any reason whatsoever.

The Applicant shall bear all its costs associated with or relating to the preparation and submission of its

Application including but not limited to preparation, copying, postage, delivery fees, expenses

associated with any demonstrations or presentations which may be required by the Authority or any other

costs incurred in connection with or relating to its Application.

All such costs and expenses will remain with the Applicant and the Authority shall not be liable in any manner

whatsoever for the same or for any other costs or other expenses incurred by an Applicant in preparation

or submission of the Application, regardless of the conduct or outcome of the Allotment Process.



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Contents 1. BACKGROUND .................................................................................................................................. 4

2. ELIGIBILITY CRITERIA .................................................................................................................... 4

3. SCHEDULE OF ALLOTMENT PROCESS..................................................................................... 6

4. EARNEST MONEY DEPOSIT (EMD) ............................................................................................. 6

5. HOW TO APPLY ................................................................................................................................ 7

6. DOCUMENTS TO BE SUBMITTED ................................................................................................ 8

7. SELECTION PROCESS ................................................................................................................... 9

8. ISSUE OF ALLOTMENT CUM DEMAND LETTER .................................................................... 10

9. PRICE AND PAYMENT PLAN/ SCHEDULE ............................................................................... 10

10. ELECTRICITY CONNECTION CHARGE .................................................................................... 11

11. MAINTENANCE CHARGES ........................................................................................................... 12

12. PERIOD OF LEASE ......................................................................................................................... 12

13. SALE AGREEMENT/ LEASE RENT/ GROUND RENT ............................................................. 12

14. MORTGAGE ..................................................................................................................................... 14

15. SURCHARGES ................................................................................................................................ 14

16. TERRACE RIGHTS ......................................................................................................................... 14

17. OTHER CONDITIONS .................................................................................................................... 15

18. TESTS OF RESPONSIVENESS ................................................................................................... 17

19. TRANSFER OF BUILT-UP SPACE .............................................................................................. 18

20. BID OPENING SCHEDULE............................................................................................................ 18

21. ANNENXURE I – LOCATION MAP OF SECTOR – 21 ............................................................. 19

22. ANNEXURE II – UNITS DETAILS ALONG WITH UPSET PRICE ........................................... 20

23. ANNEXURE III – BID OPENING SCHEDULE............................................................................. 22



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1. BACKGROUND

i. Naya Raipur is being developed as a Greenfield city in close proximity to Raipur to serve

as the administrative capital of the State of Chhattisgarh at an approximate distance of 20

km southeast of Raipur.

ii. In accordance with the vision for developing the new city, Naya Raipur Development

Authority (NRDA) (the “Authority”) proposes to allot Built up units (shops / offices) for

commercial purpose under the provisions of "Chhattisgarh Vishesh Kshetra (Achal

Sampatti ka Vyayan) Niyam, 2008." The development and construction on the land shall

be governed by the Chhattisgarh Nagar Tatha Gram Nivesh Adhiniyam, 1973, Naya

Raipur Development Plan 2031 and "Chhattisgarh Bhumi Vikas Niyam 1984" as

applicable from time to time.

iii. NRDA invites application(s) for sale of built up shops/ offices in Tower C, Commercial

Complex located at Plot No - C0-3, Sector 21 (“The Project”) in Naya Raipur,

Chhattisgarh, India. The Shops / offices shall be allotted on the basis of highest – premium

quoted by the Applicant over and above the Upset price as per clause 5 (v).

iv. The commercial complex has two towers (Tower A - G+9 and Tower C - G+11) in which

G+1 is for shops and upper floors for offices. Basement is to be used for parking and other

support activity, this application has been invited for shops/ offices located in tower C as

mentioned in annexure II.

v. The Successful Applicant shall be allotted the Shops/ offices for commercial use only and

shall be responsible for, financing, internal fit outs/ finishing of the allotted shop/ office unit

under and in accordance with the provisions of this document (the “Application

Document”) and the agreement (the “Agreement for Sale”) to be entered into between

the Successful Applicant and the Authority in the form provided by the Authority.

vi. The Application Document shall be available at the Official Website of the Authority i.e.

www.nayaraipur.gov.in. The Applicants shall submit the non-refundable “Application

Fee” Rs. 1,000/- (Rupees One thousand only) by demand draft drawn on any Scheduled

commercial bank in India in favour of CEO, Naya Raipur Development Authority, payable

at Raipur/ Naya Raipur and attach the draft along with its Application.

2. ELIGIBILITY CRITERIA

i. The Applicant may be an Individual Indian citizen, Non-resident Indian (NRI), HUF,

Proprietorship firm, Partnership firm, Company, Trust/Society, LLP.

ii. The bidder should be legally competent to enter into contract as per prevailing laws of

India.

iii. Resident Indian, NRI, lead partner of the consortium and Companies/Trust, LLP registered

in India shall be required to provide the Permanent Account Number (PAN) as issued by

Income Tax Authorities in India.

iv. FDI as per latest notification of the Govt. of India.

v. There is no income criteria, the Applicant can apply as per his/her requirement and

affordability;



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vi. The Applicant should have an account in any bank and the should be filled in the online

Application Form. In case of applicant being unsuccessful, the EMD will be transferred in

this account.

vii. Applicant must have Permanent Account Number (PAN) and the same must be quoted in

the online Application Form;

viii. In case the Applicant is a minor and doesn't hold PAN and bank account, the PAN and

bank account of any one of the parents/ legal guardian should be furnished;

ix. The Applicant may also provide Aadhar number, the same is not mandatory

x. Any Applicant can apply for any number of units as per his/ her requirement in separate

application forms along with separate bank drafts / online payment for Application Fee and

Earnest Money Deposit.

xi. Only one unit or a set of clubbed units will be allotted on one application

xii. "Clubbed units" means units which are located on same floor and share common wall

i.e. located adjacent to each other

xiii. Application for allotment of single unit/ clubbed units:

a. Application for single unit

i. Only one unit will be allotted on one application

ii. In case of single unit application, one can provide three options for

shops/ offices as per their preference, however only one unit (shop/

office) will be allotted to the applicant for which the applicant will be

the highest bidder

iii. In case if the applicant is highest bidder for all the three units given as per

the preference then the unit which will be the first preference of the

applicant as per the application form, will be allotted and rest of the two

units will be allotted to the second highest bidders of the respective units.

iv. If the applicant is interested in one particular unit only (not interested in any

other unit), then applicant should select only that unit and offer financial bid

for that unit only, keeping other two options as blank in the application form.

v. In case if the applicant wishes to buy more than one shop/ offices on

different floors/ locations (not being clubbed units) then the applicant is

required to deposit separate application forms along with Application Fee

of Rs. 1,000 (for each application), Earnest Money Deposit (as applicable)

for as many shops/ offices.

b. Application for clubbed units

i. In case an applicant wishes to apply for more than one unit in single

application by clubbing of more than one units to have a larger space,

he/she has to select the option of clubbed units in application form.

ii. For the purpose of application, the clubbed units will be treated as one unit.

iii. For clubbed units, an applicant can provide only one clubbed option for

shops/ offices as per his/ her preference in a single application

iv. A single application fee of INR 1,000 and Earnest Money Deposit (as

applicable) will be required to be submitted along with the application

form



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v. In case if the applicant wishes to buy more than one sets of clubbed units

on different floors/ locations then the applicant is required to deposit

separate application form along with Application Fee of Rs 1,000 (for each

application), Earnest Money Deposit (as applicable) for as many sets of

clubbed units.

3. SCHEDULE OF ALLOTMENT PROCESS

The Authority shall endeavour to adhere to the following schedule:

4. EARNEST MONEY DEPOSIT (EMD)

I. The Applicant has to pay Application Fee of Rs. 1,000 and Earnest Money Deposit (EMD)

as per the amount mentioned in the auto generated application form which is 10% of

the Upset price of the unit (shop/ office) having highest price among the three

units given as part of the preference in the application form

II. The EMD shall be submitted in the form of a demand draft/ or by making online

payment in favour of CEO, Naya Raipur Development Authority

III. The Demand draft shall be drawn on any Scheduled commercial bank payable at

Raipur/Naya Raipur. The Authority shall not be liable to pay any interest on the EMD

deposited;

IV. Any Application not accompanied by the EMD shall be rejected by the Authority as non-

responsive;

V. As provided in Clauses 4 (i) above, the EMD of unsuccessful Applicants will be returned

by the Authority, without any interest, as promptly as possible on acceptance of the

Financial Bid of the Successful Application or when the Allotment process is cancelled

by the Authority;

VI. The refund of EMD to the unsuccessful applicants shall be made to the bank account

provided by them in the application form. In case of any discrepancy in the bank account,

the Authority shall not be responsible for timely and accurate disbursal of the refund

amount;

VII. The EMD of Successful Applicants will be adjusted against the premium of the built up

unit (shops/ offices)

VIII. The Applicant, by submitting its Application pursuant to this Application Document, shall

be deemed to have acknowledged and confirmed that the Authority shall be entitled to

Issue of Application Form 02/09/2017


Due Date (ADD) - offline payment through Demand Draft

12/09/2017


Due Date (ADD) - Online Payment

12/09/2017

Date of Opening of Application and Financial Bid 12/09/2017



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forfeit and appropriate the EMD as compensation / damages to the Authority in any of

the events specified herein below;

a) If an Applicant submits a non-responsive Application;

b) If an Applicant withdraws its Application during the period of Application validity

as specified in this Application Form

c) In case of Successful Applicant, if it withdraws the application after opening of

financial bid/issue of letter of allotment

d) In the case of Successful Applicant, if it fails within the specified time limit to pay

the premium amount, lease rent and other applicable charges and sign the sale

Agreement.

5. HOW TO APPLY

Step 1 – Filling Details in Application Form

I. The Applicant has to fill up the Application form online on NRDA website at

www.nayaraipur.gov.in;

II. The Application should be filled up online after filling all the mandatory fields including

details of demand drafts of application fee and EMD;

III. The Applicant should verify his/her details carefully before submitting application on

NRDA website. Mere online submission of data on NRDA website, will not be treated

as application and shall be liable to be rejected outright;

Step 2- Payment of Application Fee and Earnest Money Deposit (EMD)

IV. After filling the details as per the application form, applicant can choose payment

options for Application Fee and EMD

V. Payment towards application fee and EMD can be done through online mode using

net banking or using off line mode through demand draft

VI. Only one mode (either online or offline) of payment can be selected for payment of

Application Fee and EMD

VII. Applicant using online payment mode can pay through Net Banking/ Debit Card/

Credit Card on the payment gateway provided on the website

VIII. In case of Online Payment the applicant has to attach the receipt generated after

online payment along with print out of the application form

IX. Applicants opting for offline mode for payment of application fee and Earnest

Money Deposit (EMD) shall Pay through Demand Draft. Applicant shall submit two

demand drafts for Application Fee of Rs. 1000 and EMD as per the amount mentioned

in the downloaded application form

• The demand draft shall be drawn on any Scheduled commercial bank in India

in favour of CEO Naya Raipur Development Authority and payable at Raipur/

Naya Raipur.

http://www.nayaraipur.gov.in/



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• The Applicant has to fill the demand draft number at the designated space in

the online application form and take print out of the same,

Step 3 – Submission of Financial Bid

X. After taking printout of the application form the financial bids should be filled at

designated space by hand.

XI. The Applicant has to quote the premium at the designated spaces in the

application form against the unit given as per preference, affix his/her photo at

designated space, seal the completely filled and signed Application form along with

both the demand drafts/ online payment receipts in a single envelope;

XII. The Applicant has to quote the Premium over and above the Upset price of unit as

mentioned in Annexure II i.e. (the “Financial Bid”) on the printed copy of Application

at the designated space;

XIII. The applicant shall quote the premium on per square feet basis in multiple of Rs.

1 over and above the Upset Price.

XIV. Any Financial Bid amount of less than Upset price of the respective units (shop/

office) shall be considered as non-responsive and shall not be considered for

evaluation;

XV. After affixing the photo and quoting the Financial Bid, the Applicant has to sign

the Application;

XVI. The Applicant has to cut the auto generated address label; “Application for the

Allotment of shops/ offices (Application ID / Preference unit 1/ unit 2/ unit 3) in

Tower C, Commercial Complex , CBD, Sector-21, Naya Raipur, Chhattisgarh,

India" from the printed copy and paste the same on the envelope in which

Application has been sealed.

XVII. The Application can be submitted by hand or by Speed Post/Registered

Post/Courier to ‘’Naya Raipur Development Authority, Paryavas Bhawan, North

Block, Sector-19 Naya Raipur, 492002 (C.G.) by application due date;

XVIII. The Authority shall not be responsible for the receipt of the Application sent by Speed

post/Registered post/Courier;

XIX. The Applications (Hard Copy in the envelope as per this clause) received after the

Application Due Date as per clause 3 will not be entertained

6. DOCUMENTS TO BE SUBMITTED

The Applicants shall submit the following documents along with the Application:

I. Self-Attested copy of PAN (Permanent Account Number);

II. Proof of residence (Any one of the following) - Self-attested copy of passport,

driving license, ration card, government identity card, voter card, telephone bill,

water bill, house tax receipt, Aadhar card, Copy of Bank Pass book.

III. Self-attested copy of Passport and Pan Card is mandatory in case of NRI



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IV. In case of companies - Board resolution authorising a person to sign the bid

document, to make payments and conclude the sale on behalf of the company

as per provisions of the application document

7. SELECTION PROCESS

I. The Authority has adopted single stage process (referred to as the "Selection Process")

for selection of the Applicant (“the Applicant”) for award of the shops / offices. All

Applicants shall submit their Application including the Financial Bid against this

Application Document in a single stage The Authority shall open the Application in the

order as per “Application Opening Schedule” provided at Appendix- III. The Authority

shall scrutinize the Application and supporting documents submitted by the Applicants

as per clause 19 of this application document.

II. All the incomplete Applications shall be summarily rejected.

III. The Financial Bid of only those accepted Applicants (those who have completely filled

the application forms, submitted the Application Fee, Earnest Money Deposit and

submitted the required documents as per instructions) shall be evaluated for identification

of the Successful Applicant/Allottee;

IV. Financial Bids are invited for the shops/ offices on the basis of the Highest Premium to

be paid by the Applicant over and above the per sq.ft Upset price of the units as

mentioned in Appendix - II (the "Upset Price ").

V. The per sq.ft quoted premium shall be in multiple of Rs. 1

VI. The Premium shall constitute the criteria for evaluation of Allotment of shops/ offices.

Subject to this Application Document, the shops/ offices will be allotted to the Applicant

quoting the highest Premium over and above to the Upset price.

VII. Financial Bids with an offer lower than Upset price shall be treated as non-responsive

and will be summarily rejected;

VIII. The Applicant whose Financial Bid is adjudged as responsive & unconditional and who

quotes the highest Premium (the “Highest Applicant”) above the “Upset price” as

defined in Clause 4 (i) shall be the Successful Applicant. In case such highest Applicant

withdraws or is not selected for any reason, the Authority may, in its discretion, will recall

the Application form for the same unit;

IX. In the event that two or more Applicants quote the same amount of Premium (the "Tie

Applicants"), the Authority shall identify the Successful Applicant by a random draw of

lots, which shall be conducted, with prior notice, in the presence of the Tie Applicants

who choose to attend.

X. The result of Allotment process shall be displayed on the notice board of NRDA at

Paryavas Bhawan, North Block, Sector 19 Naya Raipur, 492002 (C.G.) and on the

website of NRDA with the address www.nayaraipur.gov.in.

XI. The Application shall be scrutinised and evaluated as per Application Opening Schedule

provided at Appendix-IV;

XII. Any queries or request for additional information concerning this RFP shall be submitted

in writing or by fax and e-mail to the Chief Executive Officer, NRDA. The envelopes/

communication shall clearly bear the following identification/ title: " Queries/ Request




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for Additional Information: Application for the Allotment of Shops / Offices in

Tower C, Commercial Complex, C0-3, Sector-21, at Naya Raipur (Chhattisgarh)".

Queries on email can be sent at - [email protected]. The Authority

shall endeavour to respond to the queries within the period specified therein but not later

than 7 days prior to the Application Due Date. The responses will be posted to all such

queries on the Official Website only. The Authority reserves the right not to respond to

any questions or provide any clarifications, in its sole discretion, and nothing in this

Clause shall be taken or read as compelling or requiring the Authority to respond to any

question or to provide any clarification.

8. ISSUE OF ALLOTMENT CUM DEMAND LETTER

I. An allotment cum demand letter (the “allotment letter”) shall be issued, to inform about

the selection, by the Authority to the Successful Applicant, it shall be the responsibility

of the Successful Applicant to check the result of Allotment and receipt of the allotment

letter;

II. The allottee is required to deposit the balance amount as per the payment schedule /

allotment cum demand letter

GENERAL TERMS AND CONDITION FOR SALE

9. PRICE AND PAYMENT PLAN/ SCHEDULE

I. Floor wise Upset Price of Tower C on Carpet Area

Category Floor Floor wise Up set Price (INR/ Sq.ft)

on Carpet Area

Commercial (Offices) Second Floor 5,917

Commercial (Offices) Third Floor 5,016

Commercial (Offices) Fourth Floor 4,633

Commercial (Offices) Fifth Floor 4,450

Commercial (Offices) Sixth Floor 4,450

Commercial (Offices) Seventh Floor 4,450

Commercial (Offices) Eighth Floor 4,450

II. Payment Schedule / Plan

Successful allotees can chose from any of two Payments Schedule / Plan to make the payment

for the shops/ offices mentioned below:

Note: In payment schedule/ Plan II a 10% discount on the Upset price will be offered on

upfront payment



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Payment Schedule/ Plan I - 1 year payment plan

• 10 % of sale value within 30 days of issue of allotment letter (To be adjusted against the

Earnest Money Deposit (EMD) )

• Next 20% of sale value within the 3 months of date of issue of allotment letter



• Balance amount of 10% of sale value along with Electricity Connection Charge (as per

clause 10 of the application document), advance maintenance charges (as per clause 11

of the application document) and applicable lease rent (as per clause 13) must be

deposited before the possession

Payment Schedule/ Plan II - 3 months payment plan (Upfront Payment Plan)

• 10 % of sale value within 30 days of issue of allotment letter – (To be adjusted against the

Earnest Money Deposit (EMD)

• Balance amount within the 3 months of date of allotment letter

• Electricity Connection Charge (as per clause 10 of the application document), advance

maintenance charges (as per clause 11 of the application document) and applicable lease

rent (as per clause 13) must be given before the possession

Note: Unit wise Upset price has been provided as part of annexure – II

10. ELECTRICITY CONNECTION CHARGE

I. Prepaid meters will be provided by the NRDA

II. One Time Electricity connection charge of INR 29,700 per KVA per 200 sq.ft on

Carpet Area will be charged in addition to the Upset price and premium.

III. Any additional electricity load over and above calculated load as per clause 10(II) an

additional amount of INR 29,700 per KVA will be charged

IV. For units lesser than 200 sq.ft a minimum load of 1KVA will be charged.

V. The Electricity Connection charge has to be paid along with the last instalment as per the

applicable payment schedule (clause 10 of application document) of the successful

allottee.

VI. Allottee will bear the electricity consumption charges for internal consumption i.e. within

the office areas or within the shop area

VII. The allottee also shall have to pay the cost of electric units supplied to the allottee's

premises through DG system. The rates of such DG supply shall be worked out by NRDA

based on the actual inputs in production and supply of power which shall also include the

cost of man power, repairs, etc.



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11. MAINTENANCE CHARGES

I. No Maintenance charge shall be collected/apportioned till financial year 2019-2020,

thereafter maintenance charges will be levied proportionately on per sq.ft basis, based

on the actual cost of the maintenance of the common areas and services of the complex.

II. The Allottees shall maintain their lockable/ usable areas on their own cost.

III. The clauses of the Maintenance Agreement shall not be altered at the request of any

lessee.

IV. The maintenance charges shall be applicable to all the Allotees including those, who may

not be using the space but have been allotted the same.

V. The maintenance charges shall be payable in advance on quarterly basis, whether

demanded or not.

VI. Delay in making payment of maintenance charges shall attract 18% simple interest for

delayed payment.

VII. Maintenance of the entire complex (common areas/services) shall be with NRDA/or its

agent for initial five years. All allotees shall have to sign the standard maintenance

agreement with NRDA before taking over possession of the space.

VIII. After entire complex is sold out or five years from the date of completion of the building

(receipt of occupancy certificate) whichever is earlier, NRDA at its sole discretion may

handover the maintenance of the complex to the Joint Management Committee (RWA) of

the allotees.

IX. It shall be NRDA’s endeavour to handover maintenance of the complex to the elected

body of occupants (RWA).. The Lessees will be required to give their consent for formation

of Maintenance Body at the time of signing of Maintenance Agreement. The RWA shall

necessarily be represented by the occupants of office as well as shopping space. NRDA

shall handover the balance amount pertaining to balance period (balance amount received

as O & M charges from the allotees) to the Body.

X. NRDA shall also pay the maintenance charges of the office area retained by it and shall

sign a Maintenance Agreement with the Body (RWA).

12. PERIOD OF LEASE

Superstructure shall be sold and proportionate land shall be transferred on leasehold basis

for a period of 30+30+30 years, subject to an increase of maximum hundred percent of

the annual lease rent of the proportionate share of the undivided land prevailing at that

time, in every 30 years from the signing of Lease Agreement, as decided by the Authority.

13. SALE AGREEMENT/ LEASE RENT/ GROUND RENT

i. A Sale agreement of super structure of the built up unit will be signed upon full payment

of Upset price and premium including all charges, taxes etc. as per “The Chhattisgarh

Vishesh Kshetra (Achal Sampatti ka Vyayan) Niyam, 2008”;

ii. As per The Chhattisgarh Vishesh Kshetra (Achal Sampatti ka Vyayan) Niyam, 2008-

‘Properties transferred by inviting applications shall be subject to payment of annual



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ground rent at Two percent of the premium determined for the proportionate land area and

in the case of multi-storeyed building proportionately charged rent as decided by the

Authority’.

iii. Along with the Upset price and premium, proportionate share of lease rent/ ground rent of

the undivided land at the rate of 2%of the total land premium per annum i.e. INR 15 per

sq.ft per annum on Carpet Area and applicable taxes is to be paid by the Successful

Applicant, for the execution of Lease Agreement for a period of 30 (Thirty) years from the

day of signing of the Lease Agreement.

iv. The lease of proportionate land area shall be renewed for each term of 30 (Thirty) years,

for two such terms subject to an increase of maximum 100% (Hundred percent) of the

annual lease rent of built up space at the time of renewal, for each renewal, as may be

decided by the Authority, under the provisions of "Chhattisgarh Vishesh Kshetra (Achal

Sampatti ka Vyayan);

v. Provided that, on and with effect from the thirty-first year of Lease Agreement, the Lease

Rent payable per annum shall stand increased maximum by 100% (Hundred Percent) of

the Lease Rent prevalent in the thirtieth year, as decided by the Authority and similarly on

and with effect from the sixty-first year of Lease Agreement, the Lease Rent payable per

annum shall stand increased maximum by 100% (Hundred Percent) of the Lease Rent

prevalent in the sixtieth year, as decided by the Authority, under the provisions of

“Chhattisgarh Vishesh Khsetra (Achal Sampatti Ka Vyayan) Niyam,2008” which is subject

to revision by Authority from time to time.

vi. The expected completion date of the project is December 2017 with a grace period of 3

months.

vii. The Possession of the building shall be delivered to the Successful Applicant within 30

days of completion of the building upon signing of the Sale Agreement after payment of

total consideration including all charges, fees, taxes as per the application document.

viii. However, NRDA shall not be responsible for any delay beyond the control of NRDA or its

agency including force majeure reasons. The allotees of space desirous of taking over of

interim possession i.e. before issuance of completion certificate etc. shall have to make

payment of all balance instalments along with other dues to NRDA before taking Interim

Possession.

ix. Force majeure shall, inter alia include non-availability or irregular availability of essential

inputs, litigations, acts of God, delay in getting service connection, statutory approvals

including completion/ occupancy certificate of such other reasons beyond the control of

NRDA, If NRDA is unable to hand over the built-up space to the allotees then NRDA is

not liable to pay any compensation to the allottee

x. The Successful Applicant has to take possession of the built up unit within a period of 1

month from the date of issuance of the possession letter.

xi. If possession is not taken within 1 month of offer of possession (issuance of possession

letter) a reminder letter may be issued by NRDA.

xii. If possession is not taken even after 60 days of issuance of possession letter a surcharge

of INR 2 per sq. ft. per month will be levied by NRDA from the date of issuance of

possession letter along with the maintenance and other charges/ taxes as applicable.



Page 14 of 23

14. MORTGAGE

i. The Lessee/Allottee shall be entitled to mortgage the built up unit (shop / offices) as per

applicable laws of Chhattisgarh Vishesh Kshetra (Achal Sampatti ka Vyayan Niyam), 2008

with any scheduled commercial bank with prior approval of Authority and subject to the

conditions that the first charge shall always be with the Authority till full consideration for

the said unit is paid.

ii. The mortgage will be done strictly in accordance to rule 22 of Chhattisgarh Vishesh

Kshetra (Achal Sampatti ka Vyayan Niyam), 2008.

iii. Provided that the above provision shall not be applicable if the property is mortgaged with

the Central Government, State Government, Nationalized bank, Life Insurance

Corporation, Chhattisgarh State Finance Corporation, Housing and Urban Development

Corporation or other Financial Institution which are approved by the Authority from time to

time.

15. SURCHARGES

i. If the Purchaser /Allottee does not pay any part of the premium or lease rent or fees or

service charges or any sum which becomes payable under any of the provisions of this

Allotment, if the same be not paid within the time allowed for payment thereof, shall be

deemed to be a debt owed by the Lessee/Allottee for payment to the Authority. Such sum

shall until payment thereof carry simple interest @ 14% per annum (the “Delayed

Interest”), from the due date for payment thereof until the same is paid to or otherwise

realized by the Authority.

ii. However, in case(s), where the delay in making the payment of instalment is beyond 12

months, then the allotment shall automatically stand cancelled and amount as per clause

4 (VIII) and 15 (i) shall be deducted without any notice & NRDA shall refund the excess

amount without any interest and NRDA shall be free to book/sell the built up space to any

third party at any price finalised by it.

iii. Without prejudice to any other right or remedy that may be available under this Application

Form or otherwise under law, the Authority shall also have the right to set off. Provided

the stipulation regarding interest for delayed payments contained in this Clause 15 shall

neither be deemed nor construed to authorize any delay in payment of any amount due

by the Lessee/Allottee nor be deemed or construed to be a waiver of the underlying breach

of payment obligations. If the arrears remain unpaid for one year, the Authority shall have

powers to terminate the allotment and re-enter in to the property.

16. TERRACE RIGHTS

i. Even after execution of lease agreement in favour of the Allottee, the NRDA will continue

to have as before the right to make additions, raise storey or put up additional structures



Page 15 of 23

as may be permitted by competent authorities as the terrace rights will remain with the

NRDA only and such additional structures and storey shall be the sole property of the

NRDA who will be entitled to dispose it off/use in any way NRDA chooses without any

interference on the part of the allottee by himself or with one or more or the rest of the

Allotees and Allottee hereby consents to the same. The NRDA shall be entitled to connect

the electric, water, sanitary and drainage sources but at its (NRDA’s) own cost.

ii. The Allottee hereby gives consent to the same and agrees that it shall not be entitled to

raise any objection or claim of any reduction in the price of the space agreed to be sold to

them and/or to any compensation or damages on the ground of inconvenience or any

other ground whatsoever. Any consequent cost incurred for additional services,

enhancement in statutory charges/levies due to such additions/raising of storeys etc. shall

however be borne by the NRDA

17. OTHER CONDITIONS

i. The Applicants shall be responsible for all of the costs associated with the preparation

of their Applications and their participation in the Allotment Process. The Authority will

not be responsible or in any way liable for such costs, regardless of the conduct or

outcome of the Allotment Process;

ii. Applicants are advised to submit their respective Applications after visiting the site and

ascertaining for themselves the building conditions, location, surroundings, climate,

availability of power, water and other utilities for construction, access to site, handling and

storage of materials, weather data, applicable laws and regulations, and any other

matter considered relevant by them;

iii. Notwithstanding anything contained in the Application Form, the Authority reserves the

right to accept or reject any Application and to annul the Allotment Process and reject all

Applications at any time without any liability or any obligation for such acceptance,

rejection or annulment, and without assigning any reasons therefore;

iv. At any time prior to the deadline for submission of Applications, the Authority may,

for any reason, whether at its own initiative or in response to clarifications requested

by an Applicant, modify the Application Form by the issuance of Addendum. Any

Addendum/Modification thus issued will be uploaded in the website

www.nayaraipur.gov.in only and shall not be published in any newspaper/s. In order to

afford the Applicants a reasonable time for taking an Addendum into account, or for any

other reason, the Authority may, at its own discretion, extend the Application Due Date;

v. Applications received by the Authority after the specified time on the Application Due Date

shall not be eligible for consideration and shall be summarily rejected;

vi. Any alteration/ modification in the Application or additional information supplied

subsequent to the Application Due Date, unless the same has been expressly sought for

by the Authority, shall be disregarded;

vii. The Applications and the Financial Bid shall be valid for a period of not less than 180 (One

Hundred and Eighty) days from the Application Due Date. The validity of Applications may

be extended by mutual consent of the respective Applicant and the Authority;



Page 16 of 23

viii. The successful allottee shall not have any exclusive right of common spaces and shall in

no way encroach / block common spaces such as corridors, lobbies, open spaces etc.

The allottee shall have undivided proportionate share in the common areas and facilities

within the said Complex only. As the share of allottee in the common areas and facilities

is undivided and cannot be separated, the allottee(s) is/are and shall be obliged to use the

common areas and facilities within the said Complex harmoniously along with other

occupants, maintenance staff etc., without causing any inconvenience or hindrance to

them subject always to the timely payment of maintenance charges, dues, taxes and other

liabilities. All the fixtures and equipments viz. Electric panels, Air Handling Units, Chillers,

Lifts, Escalators in central atrium, pumps etc. shall be the joint property of allotees & NRDA

(for only the unsold portion).

ix. Allotment of parking slots shall be done on possession of the building. Parking slots shall

be allotted on slot basis and not on the area basis.

x. Applicant can check the parking plan in the office of the Naya Raipur Development

Authority.

xi. Parking shall be allotted on pro rata basis; one parking will be allotted per 1,500 sq.ft. of

carpet area. Double height basement has been developed in in which mechanical parking

can be installed. Allotees may install the mechanical parking at their own cost.

xii. Additional parking requirement can be considered subject to availability on case to case

basis and NRDA’s decision in this regard will be final and binding on the allotees.

xiii. To take care of the additional car parking requirement plots for multi-level car parking have

been earmarked in CBD area and same can be checked in the NRDA office.

xiv. If it is found that the Applicant has applied although he was not eligible as per clause 2 of

this Application Form or has falsely claimed or has given false affidavit/information

including wrong PAN number or supressed any material fact at any time whatsoever, the

application(s)/allotment(s) shall be rejected summarily without issuing any show cause

notice for the same. In case of such cancellation/rejection all payment deposited against

the application(s)/allotment(s) shall be forfeited;

xv. NRDA reserves the right to alter any term and condition/clause of this Allotment process

at its discretion as and when considered necessary;

xvi. The carpet area of the built-up unit stated in these terms and conditions being

approximate, the successful allotees shall have to accept any variation based on the

physical measurement of the unit. The premium and other charges, taxes, etc. of the built-

up unit will proportionately vary due to such variation in the area.

xvii. The allotment under this process shall be as per terms and condition of this Application

Form, LOA, Sale Agreement and under the provisions of "Chhattisgarh Vishesh Kshetra

(Achal Sampatti ka Vyayan) Niyam, 2008;

xviii. The allottee will not be allowed to make any structural additions / alterations in the space

or other part of the building without written permission from the concerned authorities. The

allottee shall not make any changes in the external façade or external colour scheme of

the building.

xix. The successful allottee shall be solely responsible for deviations, violations of any of the

conditions or rules or bye laws of local, State, Central Govt. Authorities and shall be



Page 17 of 23

responsible for structural, fire and other safety measures at all times after handing over of

the premises to the successful allottee by NRDA.

xx. The allottee shall not use the said premises for any purpose which may or is likely to cause

nuisance or annoyance to neighbouring properties or for illegal or immoral purpose. In any

case the allottee shall be solely responsible for all damages/liabilities that may become

payable including penalties from local authorities, if any

xxi. The successful allottee shall be allowed to fix the sign boards only on the specified location

earmarked by NRDA.

xxii. NRDA reserves the right to use the external façade / internal common area of the building

(including external façade/internal common area of sold office space/shops also) for

advertisement purposes and its revenue shall accrue to NRDA only even after handing

over the management to RWA if formed.

xxiii. The maintenance agency appointed by NRDA/ RWA shall be authorized to get installed

Kiosks / stalls in the atrium at places as per bye-laws only and the net rental revenues

generated shall accrue to NRDA only even after handing over the management to RWA if

formed.

xxiv. NRDA also reserve the right to allow the premise of the said development for promotional

campaign to external agencies and the revenue generated shall accrue to NRDA only

even after handing over the management to RWA if formed.

xxv. All the rates, fee, rentals, taxes, charges, duties, surcharges and other levies of

whatsoever nature shall be borne by the Successful Applicant/Lessee/Allottee and shall

be payable within the period specified in this behalf;

xxvi. The Allotment Process shall be governed by, and construed in accordance with, the laws

of India and the Courts at Raipur shall have exclusive jurisdiction over all disputes arising

under, pursuant to and/ or in connection with the Allotment Process;

xxvii. In case, if it is found at any stage that the documents/information furnished by the

Applicant are incorrect/false/untrue, the allotment shall stand cancelled automatically

without any notice the claim of the Applicant in all such cases shall not be entertained.

The EMD shall also be forfeited;

xxviii. The Application including the Financial Bids shall be opened in presence of the Applicants,

who choose to attend the same.

18. TESTS OF RESPONSIVENESS

During the Scrutiny of Applications, the Authority shall determine whether each Application is

responsive to the requirements of this Document. An Application shall be considered responsive

only if:

i. If the Application is complete in all respects as per the terms of this Application

Document;

ii. It is received by the Application Due Date including any extension thereof pursuant to

Clause 3;

iii. It is signed, sealed and unit number for which the Application is submitted is mentioned

as stipulated in Clause 5;



Page 18 of 23

iv. It is accompanied by the Application Fee as specified in Clause 2;

v. it is accompanied by the EMD as specified in Clause 4;

vi. it does not contain any condition or qualification; and

vii. It is not non-responsive in terms hereof.

19. TRANSFER OF BUILT-UP SPACE

i. The transfer of property by sale, mortgage, gift or otherwise will be done in accordance

with the clause 22 of the Chhattisgarh Vishesh Kshetra (Achal Sampatti ka Vyayan)

Niyam, 2008 shall be given for remaining period of the lease or license and execution

of lease deed or agreement and its registration shall be essential.

ii. The allottee shall not sale, mortgage, gift or otherwise hand over or transfers any

immovable property thereon to any other person, without obtaining prior permission of

the Authority.

iii. In case where the possession of the property has not been given to the allottee on

account of balance instalments as per payment schedule (clause 9 of the application

document) , the permission of transfer will be given only after the allottee has paid to

NRDA the due instalments as per payment schedule with interest if any, along with 10

% of premium as per clause 9 ; subject to the condition that the third party shall submit

an affidavit on stamp paper duly notarised by the Notary Public that he/she shall

adhere by all the conditions of allotment entered into with the original allottee and the

transferee is eligible to enter into agreement for transfer as per conditions laid down

in the booking document as well as laws applicable/prevailing in India and pay due

instalment/ consideration. The format of such an undertaking shall be approved by

NRDA.

iv. On the death of the Allottee/lessee, built up unit shall be transferred to nominated

person of the Allottee/lessee subject to the fulfilment of the conditions decided by

NRDA, otherwise the amount deposited shall be returned without interest;

v. In case where the allottee has paid total due consideration of the allotted unit along

with applicable taxes, fee, only no dues certificate and no objection certificate will be

required from NRDA after payment of transfer charge which will be 2% of the total

premium.

20. BID OPENING SCHEDULE

The Application including the Financial Bid shall be opened as per units order

mentioned in Annexure III



Page 19 of 23

21. ANNENXURE I – LOCATION MAP OF SECTOR – 21



Page 20 of 23

22. ANNEXURE II – UNITS DETAILS ALONG WITH UPSET PRICE

SHOPS - SECOND FLOOR

Sr. NO.

Unit Number

CARPET AREA (SQ.FT.)

TOTAL UPSET PRICE (INR )

UPSET PRICE INR per SQ.FT.

EARNEST MONEY DEPOSIT (INR)

Property Type (Space for)

1 2C-003 1693 10,019,073 5,917 1,001,907 OFFICE

2 2C-004 3879 22,950,690 5,917 2,295,069 OFFICE

3 2C-005 2061 12,192,176 5,917 1,219,218 OFFICE

4 2C-006 2174 12,864,105 5,917 1,286,411 OFFICE

5 2C-007 1133 6,702,735 5,917 670,274 OFFICE

6 2C-008 939 5,557,589 5,917 555,759 OFFICE

7 2C-009 1144 6,769,610 5,917 676,961 OFFICE

8 2C-010 812 4,805,410 5,917 480,541 OFFICE

9 2C-011 736 4,353,211 5,917 435,321 OFFICE

10 2C-012 738 4,369,134 5,917 436,913 OFFICE

11 2C-013 1233 7,297,600 5,917 729,760 OFFICE

SHOPS - THIRD FLOOR

Sr. NO.

Unit Number






12 3C-001 4817 24,163,455 5,016 2,416,346 OFFICE

13 3C-002 3993 20,028,229 5,016 2,002,823 OFFICE

14 3C-003 4622 23,181,886 5,016 2,318,189 OFFICE

15 3C-004 5043 25,295,662 5,016 2,529,566 OFFICE

16 3C-005 3695 18,535,898 5,016 1,853,590 OFFICE

17 3C-006 4490 22,524,267 5,016 2,252,427 OFFICE

18 3C-007 3187 15,988,029 5,016 1,598,803 OFFICE

SHOPS - FOURTH FLOOR

Sr. NO.

Unit Number






19 4C-001 4817 22,318,938 4,633 2,231,894 OFFICE

20 4C-002 4029 18,666,521 4,633 1,866,652 OFFICE

21 4C-003 4621 21,411,319 4,633 2,141,132 OFFICE

22 4C-004 5394 24,988,433 4,633 2,498,843 OFFICE

23 4C-005 3695 17,120,079 4,633 1,712,008 OFFICE

24 4C-006 4490 20,804,411 4,633 2,080,441 OFFICE

25 4C-007 3187 14,767,252 4,633 1,476,725 OFFICE



Page 21 of 23

SHOPS - FIFTH FLOOR

Sr. NO.

Unit Number






26 5C-001 4736 21,075,200 4,450 2,107,520 OFFICE

27 5C-002 3995 17,777,750 4,450 1,777,775 OFFICE

28 5C-005 4687 20,857,150 4,450 2,085,715 OFFICE

29 5C-006 5332 23,727,400 4,450 2,372,740 OFFICE

30 5C-007 3640 16,198,000 4,450 1,619,800 OFFICE

31 5C-008 3183 14,164,350 4,450 1,416,435 OFFICE

32 5C-009 4312 19,188,400 4,450 1,918,840 OFFICE

SHOPS - SIXTH FLOOR

Sr. NO.

Unit Number






33 6C-001 4716 20,987,102 4,450 2,098,710 OFFICE

34 6C-002 5128 22,819,732 4,450 2,281,973 OFFICE

35 6C-003 4034 17,951,241 4,450 1,795,124 OFFICE

36 6C-004 5394 24,001,409 4,450 2,400,141 OFFICE

37 6C-005 3695 16,441,933 4,450 1,644,193 OFFICE

38 6C-006 3161 14,067,083 4,450 1,406,708 OFFICE

39 6C-007 3236 14,398,546 4,450 1,439,855 OFFICE

SHOPS - SEVENTH FLOOR

Sr. NO.

Unit Number






40 7C-001 4831 21,497,710 4,450 2,149,771 OFFICE

41 7C-002 4621 20,562,235 4,450 2,056,224 OFFICE

42 7C-003 4034 17,951,241 4,450 1,795,124 OFFICE

43 7C-004 5389 23,983,207 4,450 2,398,321 OFFICE

44 7C-005 3695 16,442,412 4,450 1,644,241 OFFICE

45 7C-006 4895 21,784,148 4,450 2,178,415 OFFICE

46 7C-007 3099 13,788,787 4,450 1,378,879 OFFICE

SHOPS - EIGHT FLOOR

Sr. NO.

Unit Number






47 8C-001 4831 21,498,189 4,450 2,149,819 OFFICE

48 8C-002 4621 20,562,714 4,450 2,056,271 OFFICE

49 8C-003 4034 17,951,241 4,450 1,795,124 OFFICE

50 8C-004 5393 23,999,493 4,450 2,399,949 OFFICE

51 8C-005 3695 16,441,933 4,450 1,644,193 OFFICE

52 8C-006 4916 21,875,156 4,450 2,187,516 OFFICE

53 8C-007 3098 13,786,392 4,450 1,378,639 OFFICE



Page 22 of 23

23. ANNEXURE III – BID OPENING SCHEDULE

The Application including the Financial Bid shall be opened as per the sr. no. below; the date of opening

of the Application shall be posted later on NRDA website - www.nayaraipur.gov.in.

Sr. No Unit Number Sr. No Unit Number

1 2C-003 31 5C-006

2 2C-004 32 5C-007

3 2C-005 33 6C-001

4 2C-006 34 6C-002

5 2C-007 35 6C-003

6 2C-008 36 6C-004

7 2C-009 37 6C-005

8 2C-010 38 6C-006

9 2C-011 39 6C-007

10 2C-012 40 7C-001

11 2C-013 41 7C-002

12 3C-001 42 7C-003

13 3C-002 43 7C-004

14 3C-003 44 7C-005

15 3C-004 45 7C-006

16 3C-005 46 7C-007

17 3C-006 47 8C-001

18 3C-007 48 8C-002

19 4C-001 49 8C-003

20 4C-002 50 8C-004

21 4C-003 51 8C-005

22 4C-004 52 8C-006

23 4C-005 53 8C-007

24 4C-006 54 -

25 4C-007 55 -

26 5C-001 56 -

27 5C-002 57 -

28 5C-003 58 -

29 5C-004 59 -

30 5C-005 60 -


Application for the Allotment of Shops / Offices in Tower ...

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